Bail bondsman; modifying certain reviewal fee. Effective date.
SB 378 updates Oklahoma's bail bondsman regulations by requiring detailed written receipts for all collateral (property or cash used as security), depositing cash collateral into a separate trust account within two business days, and submitting monthly electronic reports to the Insurance Commissioner. The bill also changes the monthly reviewal fee to 0.0015% of new bond liability, payable to the Insurance Commissioner. These provisions directly affect licensed bail bondsmen and their insurers, ensuring clearer handling of collateral and financial records. The changes become effective November 1, 2025.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2025
Last action Mar 11, 2025
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What changed between versions
Introduced
→
Floor (Senate)
·
3 edits
MINOR
The bill text was reformatted from an introduced version to a Senate floor version with updated page headers, committee information, and formatting conventions. The substantive legislative content regarding bail bond regulations, collateral receipt requirements, and fee structures remains unchanged.
TECHNICAL
Page numbering and header formatting were updated to reflect Senate floor processing, including addition of committee report information and bold face notation for committee amendments.
Line numbering was restructured from a continuous sequence to page-based formatting typical of floor versions.
Committee report section was added indicating the Committee on Business and Insurance recommendation for the bill to pass.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
1
Mar 6, 2025
Upper · Passed
Reported Do Pass Business and Insurance committee; CR filed
upper
Feb 3, 2025
Introduced
First Reading
upper
2 primary · 0 co-sponsors
Sponsors
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